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1324 W Devon Avenue Chicago, IL $ 3,950,000
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$ 3,950,000 Get more info
1324 W Devon Avenue
$ 3,950,000
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1324 W Devon Avenue

Chicago, IL, 60660
$ 3,950,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 26,253

1324 W Devon Avenue, Chicago, IL 60660 - Image 1
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1324 W Devon Avenue, Chicago, IL 60660 - Image 10
1324 W Devon Avenue, Chicago, IL 60660 - Image 11

Multi-Family Home for sale in Chicago, IL

for $3,950,000 with 5 bedrooms. This home was built in 1929.

This investment has been 98% rehabbed and updated, and now it is fully rented! Electrical, plumbing, and major mechanicals have all been addressed and updated. This 16 unit building is comprised of 16 units (2 commercial and 14 residential). The commercial tenants are on long term leases (expiring '28 & '30), and 12 of the 14 residential units have been completely updated. The location of the building means any investor will have a solid renter pool to choose from and the building's return is above market average for the location.

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Multi-Family Active

Price

$ 3,950,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 25,613

Style

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12039167
Features
General
Year Built 1929
Tenant Pays Electricity Other
Stories 3
Tax Year 2021
Gross Income 366504
County Cook
Net Operating Income 314758
Operating Expense 55546
Insurance Expense 3000
Property Type Commercial Sale Multi Family 5+
Status Active
Directions East on Devon (6400 N) from Clark.
City Chicago
NumberOfUnitsTotal 16
MLS Area CHI - Rogers Park
Street Name Devon
Tax Annual Amount 25613
Electric Expense 1020
Fuel Expense 10000
Trash Expense 2500
Water Sewer Expense 10000
Additional Parcels Y/N N
Days on Market 5
Standard Status Active
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Exterior
Lot Dimensions 58 X 100
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

andrew.perkins@dwellingchicago.com

Email

Affordability Calculator

$28,387
Per Month
92%
8%
0%
Monthly Principal & Interest
$26,253
Monthly Property Taxes
$2,134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/25/2024$3,950,000 Listed Price

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1324 W Devon Avenue, Chicago, IL, 60660 is a Multi-Family Home for sale at $3,950,000. 1324 W Devon Avenue has 5 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 60660 which is in Chicago, IL

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